Gait Rehabilitation System Market Trends

  • Report ID: 4057
  • Published Date: Jul 25, 2024
  • Report Format: PDF, PPT

Gait Rehabilitation System Market Trends

Growth Drivers

  • Growing Prevalence of Orthopedic Disorders – Increasing orthopedic injuries, such as fractures, ligament tears, or muscle strains, can disrupt normal gait patterns and require rehabilitation to restore optimal gait mechanics and prevent compensatory movements, which as a result is estimated to drive market growth. According to data around 1 billion individuals worldwide suffered from musculoskeletal problems in 2021.
  • Rising Traumatic Brain Injuries (TBI) – TBI can lead to deficiencies in motor function, including weakened muscles, stiffness, or poor coordination as a result systems for gait rehabilitation can be used to focus resistance or help during gait training to encourage muscle activation and improve overall gait performance, which is estimated to drive market growth. Each year, there are more than 2 million traumatic brain injuries in the US.
  • Increasing Health Spending – It is expected that improved access to healthcare services, particularly rehabilitation therapies, may result from more health spending. This may lead to an increase in the number of people obtaining medical attention for ailments that can call for gait therapy. According to the most recent expenditure data, in 2021, the United States spent approximately 2% more on health care, amounting to over USD 4 trillion per person.
  • Growing Incidences of Cardiovascular Diseases – It is expected that increasing conditions such as coronary artery disease, heart failure, and peripheral artery disease, are anticipated to drive the market growth. Further, gait rehabilitation can aid in the management and treatment of cardiovascular disease. According to the World Health Organization (WHO), 17.9 million deaths worldwide in 2019 were attributable to cardiovascular diseases.

Challenges

  • Access to Alternative Therapies at an Affordable Price- The availability of alternative treatment options is one of the major factors predicted to slow down the market growth. For instance, alternative therapies may be seen as more cost-effective and are being chosen by patients or healthcare professionals as they are thought to be more cost-effective or accessible than gait rehabilitation systems.
  • Absence of Trained Professionals
  • Lack of Awareness among Patients

Gait Rehabilitation System Market: Key Insights

 

Base Year

2023

Forecast Year

2024-2036

CAGR

9.5%

Base Year Market Size (2023)

USD 333.98 Million

Forecast Year Market Size (2036)

USD 1.08 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

 

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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 4057
  • Published Date: Jul 25, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of gait rehabilitation system is assessed at USD 362.54 Million.

The gait rehabilitation system market size was valued at USD 333.98 Million in 2023 and is poised to reach USD 1.08 Billion by the end of 2036, registering around 9.5% CAGR during the forecast period i.e., between 2024-2036. Growing prevalence of orthopedic disorders and the increasing number of elderly people are the major factors driving the market growth.

North America industry is predicted to have the highest growth through 2036, impelled by increasing frequency of neurological disorders and sports injuries in the region.

zebris Medical GmbH, Groupe WINNCARE S.A.S, Reha Technology AG, DIH Medical, PRODROMUS S.A., MediTouch LTD., HIWIN Corporation, Restorative Therapies, Inc., BAMA Teknoloji, Meden-Inmed Sp. z o.o.
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